Translateme

TranslateMe uses Blockchain and cryptocurrency to
allow for fair transfer of value between the end
user and the nodes. Key contributions to the
network will require resources that will fluctuate in
value. Nodes and master nodes will perform the
bulk of the computation required to complete a
translation request.
These nodes will incur costs that must be overcome
by the value of services on offer to ensure profit. A
master node will contribute computation, internet
bandwidth, disk space and other resources to
complete the task.

For the first 10 years the mining
algorithm will mint tokens based on the various
services that these nodes provide. This will be
influenced by many factors, but will be adjusted by
a difficulty method to ensure equal and fair
distribution.
The mining algorithm will subsidise the costs at
100% in year one 90% in year two and 80% in year
three. This rate will continue as the project grows
and is adopted by users that are prepared to pay for
the innovative services.